Market News

Indian Prime Minister Narendra Modi has said his country is willing to provide additional funding to the tune of over 1 trillion/- to support priority sectors in Tanzania. Police have warned that people who intend to disrupt the Special CCM National Congress planned for Dodoma late this month would . . .

Kibaha — A multi-billion project for expansion of the Upper Ruvu Water Treatment Plant to cater for the need of the precious liquid in the city of Dar es Salaam is complete.   The completion of the project would now see the plant produce 196 million litres of water per day up from only . . .

A  mega project worth 1.8 billion US dollars (over 3.8 trillion/-) to put up a fertiliser plant at Kilamko in Kilwa Masoko District, Lindi Region, is set to start in December, a move that might see the farm input go down as a result of competition.   The plant, to be built by Tanzania Pe . . .

Bakhresa Group has appointed Verde Hotels from South Africa to develop and manage the total overhaul and upgrading of the old Mtoni Marine Hotel in Zanzibar, about two kilometres from Stone Town.   According to a statement, the brand new five star property will be known as Hotel Verde, Zanzib . . .

Arusha — The new master plan for Arusha will cover selected areas in neighbouring districts beyond the city boundaries, according to consultants.   Execution of the ambitious plan, prepared by Surbana Consultants Pte Ltd of Singapore, will finally begin in August this year, one of the f . . .